2023 BBD to LAK Historical Review

YEARLY HIGH

10379.1506 LAK

YEARLY LOW

8322.4562 LAK

YEARLY AVERAGE

9343.0872 LAK

2023 BBD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 10379.1506. Conversely, the yearly low was recorded on March 19, dropping to 8322.4562.

This high-to-low spread represents a total annual volatility of 2056.6944 LAK. From a start-to-finish perspective, comparing the January average rate of 8494.8042 to the December average rate of 10327.3367, the exchange rate registered a net change of 21.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 10379.1506 was up 12.51% compared to the 2022 peak of 9225.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BBD based on timing:

Yearly Peak High 51,895,753 LAK

2022 Average 35,704,698 LAK

Yearly Trough Low 41,612,281 LAK

Transaction Impact: A difference of 10,283,471.95 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10536.0383

8246.5682

JanuMarcMayJulySeptNove

BBD to LAK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 8651.3928, compared to 10034.7817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1383.3889 points.

H1 Avg (Jan–Jun) 8651.3928

H2 Avg (Jul–Dec) 10034.7817

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 597.6379 LAK (High: 9460.4039 / Low: 8862.7659). On the other end, November was the most stable month, with a tight range of 99.8735 LAK (High: 10378.7735 / Low: 10278.9000).

June Spread (Volatile) ±597.6379

November Spread (Stable) ±99.8735

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 57.4468 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -57.4468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 10327.3367) against the same month in 2022 (average: 8663.2259), the exchange rate shifted by +1664.1108 (+19.21%).

2023 Avg (December) 10327.3367

2022 Avg (December) 8663.2259

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8673.2221	8407.0828	8494.8042
February	8499.0071	8352.6454	8437.3574
March	8502.5000	8322.4562	8437.7940
April	8670.0000	8473.3089	8572.3315
May	8879.4953	8638.1686	8775.8679
June	9460.4039	8862.7659	9190.2018
July	9638.8287	9377.5000	9553.2623
August	9823.8253	9547.5000	9721.2331
September	10216.6113	9837.5000	9962.6606
October	10372.3841	10189.6640	10298.9482
November	10378.7735	10278.9000	10345.2491
December	10379.1506	10269.1422	10327.3367